Vinci: UBS confirms buy rating

(CercleFinance.com) - UBS underlines the positive trends in airports for the month of February.
The analyst confirms his buy recommendation on the stock, with an unchanged target price of E131, representing 12% upside potential.

Blockades by farmers continued to impact motorway traffic in February, while airport traffic represented 103% of 2019 levels, UBS notes.

Vinci Autoroutes' intercity network traffic recorded a 2.1% decline in February 2024. Passenger traffic at airports in the Vinci Airports network, on the other hand, recorded growth of 14.4% in February 2024 compared with February 2023.


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